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An Indian pharmaceutical company has purchased allergy product manufacturer HollisterStier Laboratories LLC, officials from both companies announced. India's Jubilant Organosys Ltd. announced Tuesday it paid $122.5 million cash for the Spokane-based pharmaceutical and biopharmaceutical maker, which specializes in injectable allergy … […] Pyramid Saimira Theatres (PSTL), one of the largest digital film theatre chains in India, is planning to float a film content fund that will help production houses create and finance content. The company is in an expansion mode, enhancing its … […] Two Dubai-based financial institutions are set to invest $15 million in Hyderabad-based specialised organic compound manufacturer Jupiter Bioscience. Jupiter is raising the funds for its expansion plans in India and overseas. The funds infusion is in addition to an announcement … […] Kotak Realty Funds is raising $350 million for property joint venture projects in India and to take stakes in developers, who are seeing their funding sources narrow. Chief Investment Officer Hari Krishna, who has already invested a $100 million fund … […] The BTS India Private Equity fund, a Switzerland-India based PE fund, with a corpus of US$ 80 million dedicated for investment in medium sized enterprises today announced it has completed its first tranch of investment of Rs. 200 million (approximately … […] Fund manager Trikona Capital is raising a $400mn fund to invest in India’s housing boom, but a company executive said fast-climbing land prices meant money-spinning deals would be tough to find. Funds raised through the private equity route outpaced those raised through public issues during January-March 2007. Fewer issues getting the go-ahead from market regulator Sebi and volatility on the bourses are said to be the main reasons for the trend. … […] As expected, the RBI has further liberalised the regime for overseas investments by India Inc in its latest credit policy: corporates are now allowed to make FDIs up to 300% of their net worth; limits for overseas portfolio investments … […] In the first quarter of 2007, venture capitalists invested $7.1 billion into 778 deals, the highest quarterly dollar amount since the fourth quarter of 2001, according to the MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association based on … […] Vedanta Resources PLC said it acquired a 51% stake in India's biggest private-sector iron-ore producer and exporter, Sesa Goa Ltd., as it seeks to diversify and tap into the strong demand for iron ore in China. Vedanta, a metals and mining company listed and based in London but which has the bulk of its assets in India, acquired the stake from Japan's Mitsui & Co. It paid $981 million. |